Elton John's New Son -- Zachary Furnish-John!

“We are overwhelmed with happiness and joy at this very special moment,” Elton, 62, and David, 48, said in a joint statement. “Zachary is healthy and doing really well, and we are very proud and happy parents.”

The baby was born in California and weighed 7 pounds, 15 oz.

The day before Zachary‘s birth, Elton and David were spotted doing some last-minute holiday shopping at Barneys New York and Neiman Marcus.